However as long as you are including the expense of the second mortgage it will give you the basic scenario and breakdown of overall projections.

Competence - My best friend is awesome and I'd give him my kids if I got hit by a bus but I won't let him operate on my brain.

When I was a kid my dad hauled me around with him for years doing his RE sales calls and meetings with his RE attorney.

I see enough of these, I think it must not really be an option or some young entrepreneur would be taking on these projects.Are they big enough for me to have the kids and grandkids stay over?

It will familiarize you with the basic terminology and benefits of investing.

My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.

Personally, I'd prefer dollar-tree ones (if basic, uncluttered look) over none in the room (bedroom, whatever) because I want to encourage trash being put away.

We were basically on call whenever the laundromat was open.

I'm basically looking for input in the following:Option 1: Buy a couple of properties and split the money from the 1031 exchange for the down payments.

It's basically dead in most areas.